US economy

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Global bond sell-off piles new pressure on UK borrowing costs before budget

ai, AI (Artificial Intelligence), Artificial Intelligence, Bonds, Budget, Budget 2026, Budget deficit, Business, Commodities, Consumer affairs, Economics, Energy bills, Gas, Gilts, Global economy, Government borrowing, Household bills, Inflation, Interest Rates, Market turmoil, Money, Motoring, Oil, Petrol prices, Stock markets, Technology sector, UK news, US economy

Rising cost of 10-year gilt to near 19-year high hikes upfront cost of government investment and limits chancellor’s room for manoeuvreBusiness live – latest updatesInternational bodies warn of rising debt and borrowing risksBurnham stands by claim UK is ‘in hock’ to bond marketsA global sell-off in government bonds has put fresh upward pressure on UK […]

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‘People are pissed off’: anger at the elite and the establishment is fueling this year’s midterms

Abortion, ai, AI (Artificial Intelligence), Artificial Intelligence, Datacenters (US), Democrats, Detroit, Donald Trump, Florida, Healthcare industry, ICE (US Immigration and Customs Enforcement), Inflation, Iowa, Jeffrey Epstein, Michigan, Minneapolis, Minnesota, Minnesota ICE shootings, Montana, Nebraska, Ohio, Republicans, Surveillance, The super-rich, Trump tariffs, US economy, US immigration, US midterm elections 2026, US news, US politics, US-Israel war on Iran, Wisconsin

Coming midterm elections are starting to be framed not as right versus left but instead the ‘well-fed versus the fed-up’Brian Leeland, a 79-year-old Democratic voter in Detroit, had enough. Frustrated by the way the US media covers this febrile political era, from Donald Trump’s Washington to political campaigns across the country, he contacted the Guardian.“Your

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OnlyFans and AI training: why gen Z doesn’t care where our money comes from | Alice Lassman

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Economics, Generational inequality, Life and style, Money, US economy, US personal finance, US work & careers

With traditional goals such as stability and homeownership feeling out of reach, young people are focused on the presentBy now, we all know the shape of financial nihilism: the throw-your-money-at-anything reaction to the dissolution of the slow, linear path to wealth; the prediction markets, meme stocks, cryptocurrencies and microluxuries growing in its place. We’re left

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Why are progressives winning across the United States? It’s not complicated | Bernie Sanders

ai, AI (Artificial Intelligence), Artificial Intelligence, Bernie Sanders, Climate crisis, Democrats, Super Pacs, US economy, US foreign policy, US healthcare, US news, US political financing, US politics, US unions

Poll after poll shows the same thing. The American people know that the current economic system is riggedThe media pundits have written article after article desperately trying to understand why progressive candidates, despite being heavily outspent, keep defeating establishment Democrats in primaries around the country. Well, the answer is not complicated.Whether it is a corrupt

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US stock market hits record highs as AI profits pile and oil prices ease

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, datacenters, Stock Market, Stock markets, Technology, US economy, US news

S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months agoThe US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.The S&P 500 shot up 1.8%, and the main measure of Wall Street’s

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Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Cryptocurrencies, Donald Trump, Economics, Technology, US economy, US news

Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economyThe scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first year in office should come as no surprise. The president didn’t

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‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Business, Cryptocurrencies, E-commerce, Economics, Fintech, Internet, Technology, Trump administration, US economy, US news, US politics

Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loansOn a quiet summer morning, above a small mid-western town, an American flag is waving in the breeze. The camera cuts to a father helping his son at the wheel of a tractor, and

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‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies

ai, AI (Artificial Intelligence), Artificial Intelligence, Computing, Cryptocurrencies, Elon Musk, Technology, US economy

The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in powerA “centaur”, in automation theory, is a person assisted by a machine, and a “reverse centaur”, hero of Cory Doctorow’s new book, The Reverse Centaur’s Guide to

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After SpaceX’s huge IPO, Americans’ financial future will be bound to AI

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Elon Musk, OpenAI, SpaceX, Stock markets, Technology, US economy

They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfoliosAmericans are growing worried about what artificial intelligence portends for their futures. Eight in 10 Americans report concern over AI, compared with a third who report being excited, according to a recent Quinnipiac poll. More than half think

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AI absolutism is breaking our brains. The apocalyptic future we’re being sold isn’t inevitable

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Nor is the dreamy promise that this tech will unlock boundless potential and productivityEverything we hear about artificial intelligence is conflicting, and hearing about it feels inescapable. AI is terrible. AI is wonderful. It will break the world. It will transform the future. It’s essential to embrace it. It’s a moral imperative to abstain from

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